Shinhan Life Vietnam Launches New Insurance Distribution Channel

Shinhan Life Insurance Vietnam Limited Liability Company (Shinhan Life Vietnam) on February 19 officially introduced Financial Consultant channel (FC Channel). The introduction of the new distribution channel signifies Shinhan Life's strong commitment to implementing sustainable and long-term growth strategies in the Vietnamese market, providing Vietnamese customers with access to comprehensive and tailored financial protection solutions.

FC sales office is located at CII Tower, 152 Dien Bien Phu, Ward 25, Binh Thanh District, Ho Chi Minh City. This is a professional workspace for personal insurance agents. Additionally, it serves as a Customer Service Center in Ho Chi Minh City, directly catering to customers from Vietnam’s southern region.

Since entering the Vietnamese market, Shinhan Life has consistently expanded its business activities with a diverse product portfolio and distribution channels, focusing on specific customer segments.

Representative of Shinhan Life Vietnam received the flag of strength and spirit from Shinhan Life Korea

Mr. Bae Seung Jun, General Director of Shinhan Life Vietnam, shared: “We firmly believe that the life insurance market will soon recover and continue to thrive. FC channel is an opportunity for us to mark a new phase of growth. Accordingly, Shinhan Life will not develop in quantity but focus on quality, aiming to recruit and train a professional and well-grounded team. I am confident that, only when thoroughly advised by a team of qualified financial consultants and a clear understanding of insurance products, can customers feel secure with the most suitable financial solution. Therefore, the true value of life insurance will be promoted, instilling confidence in the humane values of insurance.”

Since entering the Vietnamese insurance market, Shinhan Life has consistently endeavored to differentiate itself by concentrating on three key areas: insurance product portfolio, operating model, and distribution channels. Shortly, Shinhan Life hopes that by enhancing the FC Channel alongside existing distribution channels, the company will swiftly expand its business operations. This expansion is expected to create numerous career opportunities for candidates and provide the best protection solutions for customers, contributing collectively to the socio-economic development of Vietnam.

T.Nam (Vietnam Business Forum)